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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (6835)	10/23/1998 4:46:00 PM
From: IceShark	Read Replies (1) \| Respond to of 8002

i'd also be interested in revenue recognition for yourware. is it front loaded? Skeets, are you going to look into this? I can't get the full 10Q yet since I only have the freebie services. My guess is that YourWare profit is fully front loaded since a third party is financing the deal. And this would be proper, as much as I hate to admit it. The only issue would be if the bank has some sort of make good agreement with GTW in the event the buyer defaults. YourWare is simply a marketing gimmick, but one that is apparently working - like buying a car for a dollar over invoice used to work, until people found out about the manufacturers' rebates to dealers. I don't know why we take FA seriously .... it doesn't seem to matter to anyone "investing". Regards, Ice

To: Skeeter Bug who wrote (6835)	10/23/1998 6:07:00 PM
From: D. Swiss	Read Replies (1) \| Respond to of 8002

Isn't it interesting how the stock goes in the correct directions a couple of hours before the earnings announcements? I smell a rat or a leaksky. :o) Drew

To: Skeeter Bug who wrote (6835)	10/27/1998 4:41:00 AM
From: Kory	Read Replies (1) \| Respond to of 8002

Just for your benefit: 1) I understand seasonals. This is why most EPS comparisons are done to the year ago quarter instead of the last sequential quarter. I never compared Q3 to Q2. Comparing Q3 to Q3 last year is obviously hard due to the write-downs. In any case however, the sales growth, margin improvement, and inventory reduction/cash flow, have been much better than 6% for the past year. The only place where your silly 6% ever showed up was when you compared Q2 EPS numbers. The main reason this occurred was very high selling expenses of an additional $10-15 million spent on advertising and branding the company in Q2 1998. Wise use of money - unknown as of yet, but I do like the market share improvments that GTW is realizing. 2) Another unethical accounting insinuation about revenue recognition on yourware - how appropriate for you. Gateway uses a third party bank to finance the consumer debt. I'm sure your department store should wait until you pay your VISA bill to record the sale of that suit as well, right? It would help if you took time to learn accounting rules before you accuse companies of violating them... Kory